Fractional Reserve Lending (FRL) is fraudulent. Indeed, FRL in conjunction with micro-mismanagement of interest rates by the Fed is the root cause of the financial crisis we are in.Mish Shedlock at Global Economic Analysis. This is really worth reading.
Hope
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I don’t have much hope in the church as it exists in New Zealand at the
current time. I observe an unwillingness to change and do things
differently that...
1 week ago
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